Carpon
Valued Contributor
Budgeting as we all know is very important in the process and continuous bid to attain and maintain a stable personal finance.
Here are some merits or benefits that are attached to budgeting
✓ Budgeting helps you get rid of the habit of extraneous and impulsive spending. It keeps you on a straight path when it comes to the aspect of spending. It helps you to plan things that you will need and how you will take care of them and avoid using the funds on something else.
✓ Is also strengthens savings. The major components of a budget are the things that earned money will be used for. When you include savings in your budget, it helps you stay active in saving and avoid failing in duly saving as it is expected or planned.
More benefits are attached to budgeting and I will like to also hear your views and opinions on this.
Here are some merits or benefits that are attached to budgeting
✓ Budgeting helps you get rid of the habit of extraneous and impulsive spending. It keeps you on a straight path when it comes to the aspect of spending. It helps you to plan things that you will need and how you will take care of them and avoid using the funds on something else.
✓ Is also strengthens savings. The major components of a budget are the things that earned money will be used for. When you include savings in your budget, it helps you stay active in saving and avoid failing in duly saving as it is expected or planned.
More benefits are attached to budgeting and I will like to also hear your views and opinions on this.
